Quote:
Originally Posted by shaw8700@outlook.com
You want houses sitting on the market for six + months? Because that’s exactly what I have. The guy two doors down from me has been on the market for almost a year. Same thing all over this community. We have a LOT of houses for sale, from condos all the way up to a million +.
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MLS is sitting with relatively the same amount of homes as the past 10 years +. The lag is found in no interest. Your neighbor, like many others in the community, most likely have no foot traffic. In years past, buyers were lining up. Are people not buying because the homes are over priced? Mortgage rates? Who knows? If this bill is passed, it may cause more inventory. In a market that is already slowing, this spells TROUBLE.